👉Paraphrased Content: The Bank of Canada has decided to keep its key interest rate steady at 5%, marking the third consecutive decision, citing indications that the economy is no longer in excess demand. The statement suggests a cautious approach, with concerns about inflation risks, though without explicit mention of an increase. Higher rates are acknowledged for their impact on spending and a gradual easing in the labor market.✅ . . #BoC #InterestRates #EconomicUpdate #InflationConcerns #MonetaryPolicy #CanadaEconomy #BankOfCanada #mnm #malayalisnearmeapp #canadaupdate #canadanews